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Internet of Things (IoT) in transportation Market Estimated to High Growth in 2027 with Global Leaders such as IBM Corporation, AT&T, Thales Group, Verizon, Tomtom, Cisco Systems, General Electric, Garmin

Press release   •   May 11, 2019 01:19 IST

The "Global Internet of Things (IoT) in Transportation Market Analysis to 2027" is a specialized and in-depth study of the Internet of Things (IoT) in transportation industry with a focus on the global internet of things (IoT) in transportation market trend. The report aims to provide an overview of the global internet of things (IoT) in transportation market with detailed market segmentation by component, vertical, application and geography. The global internet of things (IoT) in transportation market is expected to witness high growth during the forecast period. The report includes key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

Transportation is one of the major industry witnessing the deployment of Internet of Things (IoT). The transportation industry is facing a critical challenge related to the transfer of passengers and cargos safely and efficiently. This has created a need for companies to access real-time data to determine how to enhance operational efficiency as well as performance. Internet of Things (IoT) in the transportation market is propelled by several factors including, decreasing cost of sensors & controllers, increasing internet penetration, and smart city impetus by government among others.

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Major key players influencing the Internet of Things (IoT) in transportation market are IBM Corporation, AT&T, Inc., Thales Group, Verizon Communications, Tomtom N.V., Cisco Systems, Inc., General Electric, Garmin International, Alcatel-Lucent (Nokia), and Denso Corp. among others.

Key Benefits-

  • To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Internet of Things (IoT) in Transportation Market
  • To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Internet of Things (IoT) in Transportation market based on material, product type, and end user. It also provides market size and forecast till 2027 for overall Internet of Things (IoT) in Transportation market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The Internet of Things (IoT) in Transportation market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 countries globally along with current trend and opportunities prevailing in the region.

Besides this, the report analyzes factors affecting the Internet of Things (IoT) in Transportation market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions. Also, key Internet of Things (IoT) in Transportation market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

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Reasons to Buy the Report:

  • Learn about the driving factors, affecting the market growth.
  • Imbibe the advancements and progress in the market during the forecast period.
  • Understand where the market opportunities lies.
  • Compare and evaluate various options affecting the market.
  • Pick up on the leading market players within the market.
  • Envision the restrictions and restrains that are likely to hamper the market.

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

Contact Us:

Company: The Insight Partners

Contact: Sameer Joshi

Phone: +1-646-491-9876

Email: sam@theinsightpartners.com

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